11808 Morris Drive
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 1, 2022 | Sold | ||
| Sold | |||
| May 12, 2022 | Listed by Great Western Properties | $550,000 | |
| Listed by Great Western Properties | |||
| Sep 13, 2019 | No longer available | - | |
| No longer available | |||
| Jul 9, 2019 | No longer available | - | |
| No longer available | |||
| Jun 7, 2019 | Listed | $424,900 | |
| Listed | |||
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Don't miss out on this spacious 2 story home with a FULL in-law arrangement! Beautiful brick home sits on 5 acres with an attached 3 car side-entry garage and additional detached 2 car garage/Quonset building. Light and bright 2 story foyer welcomes you into your new home. The abundance of windows offers natural light throughout. GLEAMING Hardwood floors in the Living and Dining area. Spacious eat-in kitchen features stainless appliances, granite countertops with breakfast bar, and additional eating area. Large family room with floor to ceiling wood-burning, stone fireplace opens to your sunroom and overlooks the beautifully manicured backyard. Main floor convenient Master Suite w/private laundry PLUS the second floor offers 3 additional bedrooms and secondary laundry. Finished lower level ideal for an in-law arrangement complete with a bedroom, 2nd kitchen, full bath, 3rd laundry room, and a rec room that walks out to the peaceful backyard. What more could you want? The manager has listed the unit size as 3752 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017